NMDC Limited has officially announced the appointment of Shri Anurag Kapil to the position of Director (Finance) on its Board. The appointment has been confirmed by the Ministry of Steel, Government of India, via an order dated March 18, 2026. Shri Kapil, currently an ED (Finance Expenditure) with the Railway Board, will serve for an initial term of five (5) years, or until further orders are issued, whichever is earlier. This change is effective from his assumption of charge.
Board Reshuffle: New Director Finance Appointed
NMDC Limited issued a regulatory disclosure confirming a key change in its leadership structure. The Ministry of Steel, Government of India, has communicated an official order regarding the appointment of Shri Anurag Kapil to the Board of the Company.
Shri Kapil will assume the role of Director (Finance) for NMDC Limited. Prior to this appointment, he held the position of ED, Finance Expenditure, at the Railway Board (IRAS). This official communication confirms the details circulated on March 18, 2026.
Tenure and Term Details
The tenure for Shri Anurag Kapil’s directorship is established for a period of five (5) years commencing from the date he takes charge of the post. This term will continue until superseded by subsequent official orders, as is standard procedure for government appointments.
The dissemination of this vital information is intended for the immediate information and necessary action by all relevant stakeholders and the stock exchanges.
Source: BSE